Rising Gas Prices Could Boost EV Popularity Amid Global Oil Demand
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, discusses how rising gas prices, driven by China’s increasing oil demand, may boost the appeal of electric vehicles (EVs). While EVs are often chosen for environmental reasons, their cost savings become particularly significant when gas prices exceed three dollars per gallon, making them a more attractive alternative to traditional vehicles.
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